Retail insights from the sporting goods industry – Page 135
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News briefs
Adidas has launched the Tango app for the football community,...
Adidas has launched the Tango app for the football community, and as a rallying point for participants in the Tango League, a grassroots football competition. The group said that the app became available on Sept. 3 in the U.S., the U.K., Germany, France and Spain, to help football enthusiasts ...
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After operating a temporary store at Dover Street Market since...
After operating a temporary store at Dover Street Market since January, Stüssy has opened a full-fledged, permanent store in the Soho district of the British capital, adding to its other European locations in Madrid, Milan and Amsterdam
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Article
Alibaba grows fast, earning less, and expands in Russia
Alibaba Group Holding continued to grow fast in the first fiscal quarter ended June 30, but its gross margin fell to 11.0 percent from 29.2 percent in the year-ago period, the lowest level since the leading Chinese e-commerce operator went public in 2014.Due also to extraordinary charges and high investments ...
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News briefs
Fanatics, the American team sports retailer that is expanding internationally,...
Fanatics, the American team sports retailer that is expanding internationally, has signed a partnership with Chelsea FC to become the official global online retailer of the English Premier League club. Chelsea had been using a network of regional online stores operated by local distributors.
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News briefs
The third edition of the Bread & Butter by Zalando...
The third edition of the Bread & Butter by Zalando fashion festival in Berlin registered 35,000 visitors, 16 percent more than in the previous year. It ran from Aug. 31 to Sept. 2, and the marketing event organized by the online retailer was apparently sold out every day. The festival ...
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News briefs
In the long term, the ANWR Group sees a total...
In the long term, the ANWR Group sees a total of up to 600 shoe retailers in Germany installing its “sneaker wall,” which features a standard selection of sneakers supplied by Nike, Adidas, Puma and Reebok. Their automatic replenishment is operated via SAP. More than 100 shoe retailers have adopted ...
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New Balance has opened a store at Maremagnum, a shopping...
New Balance has opened a store at Maremagnum, a shopping center located in Barcelona's harbor
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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Munich, the Spanish brand of sneakers and football boots, has...
Munich, the Spanish brand of sneakers and football boots, has opened two more original stores in the Barcelona area
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Decathlon has a new downtown store in the center of...
Decathlon has a new downtown store in the center of Strasbourg, covering 2,500 square meters in the French city's Les Halles shopping center
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News briefs
Forum Sport is considering the launch of a more “experiential”...
Forum Sport is considering the launch of a more “experiential” store format, with a strong focus on omni-channel retailing, according to Diffusion Sport. The new format will be tested on a store of 3,000 square meters in Vitoria, which is being remodeled. It will start to operate again at the ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
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News briefs
Sport Master, the Danish sports retail group, is searching for...
Sport Master, the Danish sports retail group, is searching for a new managing director. Jens Høgsted, who held the job for about five years, has left the company. Formerly a buying group, Sport Master was acquired in 2012 by Nordic Capital, and it has about 100 stores around the country. ...
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News briefs
The Eklöf family is strengthening its grip on Stadium, one...
The Eklöf family is strengthening its grip on Stadium, one of the leading Swedish sports retailers, by buying back the 26.8 percent stake that has been held since April 2005 by Ikano. This is a group of companies owned by the family of the late founder of Ikea, Ingvar Kamprad. ...
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News briefs
Snipes, the German-based sneaker retailer, has picked e-sports as a...
Snipes, the German-based sneaker retailer, has picked e-sports as a marketing vehicle, leading to multiple investments over the summer. In July it became the official fashion retail supplier for the ESL, the global e-sports organization. They will jointly create a co-branded apparel range and Snipes will supply clothing for some ...
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Article
Adidas Group raises profit margins
Sharp sales increases in China and North America bolstered the Adidas Group's turnover and profits in the second quarter, but it was affected by a faster than projected slowdown in Europe and declining sales for the Reebok brand.The group reported a 4.4 percent sales increase to €5,261 million for the ...
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Article
Adidas appoints new European leader after a slowdown in the region
The Adidas Group has replaced its management in Western Europe, due to unspecified distribution issues that apparently caused it to slow down more rapidly than anticipated in the company's second-largest regional market in the second quarter.Arthur Hoeld, who previously helped to build up Originals for the Adidas brand, was appointed ...
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News briefs
Adidas its set to take over the sponsorship of the...
Adidas its set to take over the sponsorship of the English Arsenal team from Puma, which has just signed to sponsor Manchester City, the current champion in the Premier League, for £50 million (€56m-$64m) annually after its contract with Nike expires in June 2019. The Big a is said to ...
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Onitsuka Tiger, the lifestyle shoe label of Asics, has opened...
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened a store in New Dehli's Select City Walk, joining another one in Dehli and one in Mumbai
